-

DCG Acquisitions, a Dave Cantin Group Company, Closes Historic Sale of Iconic Harley-Davidson Dealership and Destination Daytona to Ed Morse Automotive Group

NEW YORK & ORMOND BEACH, Fla.--(BUSINESS WIRE)--DCG Acquisitions, a Dave Cantin Group company, one of the largest financial advisory services firms for mergers and acquisitions specializing in automotive buy/sell transactions, and the Rossmeyer family announced the sale of Bruce Rossmeyer's Daytona Harley-Davidson and Destination Daytona after being in business for 28 years, to Teddy Morse of the Ed Morse Automotive Group.

President Brian Brown and Managing Director Robert Turbyfill of DCG Acquisitions facilitated the transaction. The dealership will operate under the name Teddy Morse's Daytona Harley-Davidson, along with the Main Street location. Destination Daytona will continue to operate with its existing tenants, the Clarion Inn Ormond Beach, the Pavilion, and Saints & Sinners Pub.

“This is one of the most historic and influential acquisitions in Florida’s history,” said Executive Chairman and CEO Dave Cantin. “A Harley-Davidson is more than just a motorcycle. It’s a lifestyle. It was an honor to work with the Rossmeyer family and Teddy Morse on this landmark transaction, helping ensure the legacy of Bruce continues for generations to come.”

"Our kids continued Bruce's dream after his death and I am very proud of them," said principal owner Sandy Rossmeyer. “I am also extremely pleased that we are selling to a buyer who knew Bruce and that Mr. Morse is thrilled to carry on the Daytona Harley­Davidson legacy. The time to sell is when you are on top, and my children and our loyal team of associates have certainly kept us there and will work hard to help Teddy build his own Harley- Davidson legacy."

Ed Morse Automotive Group currently owns 32 locations that house 63 automotive franchises and recently purchased three Harley-Davidson dealerships in Texas. The New Smyrna Harley-Davidson dealership will be closing permanently on November 30, 2022.

Contacts

Media:

DCG Acquisitions
Nick Mitsis, Percepture
nmitsis@percepture.com

Daytona Harley-Davidson
Dean Pepe, General Counsel
dpepe@brhd.com

Dave Cantin Group


Release Summary
The Rossmeyer Family has sold Bruce Rossmeyer's Daytona Harley-Davidson and Destination Daytona to Teddy Morse of the Ed Morse Automotive Group.
Release Versions

Contacts

Media:

DCG Acquisitions
Nick Mitsis, Percepture
nmitsis@percepture.com

Daytona Harley-Davidson
Dean Pepe, General Counsel
dpepe@brhd.com

More News From Dave Cantin Group

The Dave Cantin Group Continues Spitzer Auto World’s Brand Expansion with the Acquisition of Axelrod Buick GMC

NEW YORK--(BUSINESS WIRE)--DCG, a leading M&A advisory company specializing in the automotive industry, announced the sale of Axelrod Buick GMC to Spitzer Auto World....

Dave Cantin Group Facilitates Legacy Succession Plan for Crystal Auto Mall, Toyota and Mazda Dealerships, Closing Their Acquisition by Empire Auto Group

NEW YORK--(BUSINESS WIRE)--The Dave Cantin Group facilitated this buy/sell transaction of Crystal Motors Inc.’s Toyota and Mazda Auto Mall by the Empire Auto Group...

The Dave Cantin Group Expands Services to New Sectors

NEW YORK--(BUSINESS WIRE)--The Dave Cantin Group (DCG), a leading financial advisory company known for specializing in automotive dealership mergers & acquisitions, announced today that it is further expanding its buy/sell services to motorcycle (Harley-Davidson), recreational vehicle (RV), powersport, and heavy truck (semis) dealerships. DCG annually advises on over $1 billion in gross transaction volume. Each of these sectors is being fueled by specific trends driving steady growth with s...
Back to Newsroom